Feeling pressured?

The Economist points its readers’ attentions to two studies showing the ethical benefits of delay to decision-makers. It is an important topic, with profound ethical implications. Deadlines and the perception of urgency are both what I call pre-unethical conditions, situations that so frequently lead to unethical conduct that our ethics alarms should start ringing the second we start feeling the dread of time-pressure. The Economist article notes that…

“…[ in ] an obscure article in the Academy of Management Journal by Brian Gunia of Johns Hopkins University… Mr Gunia and his three co-authors demonstrated, in a series of experiments, that slowing down makes us more ethical. When confronted with a clear choice between right and wrong, people are five times more likely to do the right thing if they have time to think about it than if they are forced to make a snap decision. Organisations with a “fast pulse” (such as banks) are more likely to suffer from ethical problems than those that move more slowly….The authors suggest that companies should make greater use of “cooling-off periods” or introduce several levels of approval for important decisions.” Continue reading →